Qatari Diar lists $64 million London penthouse at redeveloped Chelsea Barracks site

Image Credit: Qatari Diar One of London's most exclusive new homes has arrived on the market with a price tag to match. According to an exclusive report by The Wall Street Journal, a newly completed duplex penthouse at the Chelsea Barracks development in Belgravia has been listed for £48 million (around $64 million), marking it as one of the city's most expensive penthouses currently for sale. The property crowns a luxury residential project developed by Qatari Diar, the real estate arm of Qatar's sovereign wealth fund, on land that once housed a historic British Army barracks.The listing also marks another milestone in the transformation of one of London's most significant redevelopment projects. In 2008, Qatari Diar acquired the former Chelsea Barracks site from the UK's Ministry of Defence in a deal worth roughly $1.3 billion, paving the way for what has become a high-end residential neighbourhood in the heart of Belgravia.A luxury home atop a historic military siteAccording to the reports, the penthouse occupies the top two floors of 1 Five Fields Square, a seven-storey building completed earlier this year as part of the larger Chelsea Barracks masterplan. While the residence o...